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The Betmakers Holdings Limited

ASX:TBH ISIN:AU000000TBH6

The Betmakers Holdings Limited (ASX:TBH), (OTCMKTS:TPBTF) (FRA:T07) formerly TopBetta Holdings Limited, is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services. Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools. The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK.

News

The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) wishes to update the market in relation to the sale of TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands to PlayUp Australia Pty Limited.

The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) advises today that it has not received the final payment of $2Mil from PlayUp Australia Pty Limted in relation to the sale of 100% of the shares in TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands, which was due on 31 December 2018.

The BetMakers Holdings Limited (ASX:TBH) is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd, has signed an agreement with Unibet, to provide a global racing solution for Unibet's global platforms.

The BetMakers Holdings Limited (ASX:TBH) is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd ("GBS"), has extended and upgraded its Agreement with Australian wagering operator BetEasy Pty Ltd for a further 3 years.

The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd, has signed an agreement with WHG to provide a global racing solution for William Hill UK, both retail and online and its B2B customers throughout the UK and US. The WHG Agreement is expected to have a material economic impact on the Company.